2616 Broadway - Apartments FOR SALE


Huntington Park, CA 90255- Walnut Park
$1,575,000 USD
562-244-3897
2616 Broadway, Huntington Park, CA for Sale
$1,575,000 USD
Apartments - FOR SALE
1/12
null | 5.18% Cap Rate

2616 Broadway
Huntington Park, CA 90255
Walnut Park


OVERVIEW

Look No Further! Introducing 2616 Broadway Ave! Excellent opportunity to own an 8-unit multifamily property in the heart of Huntington Park. Situated on an 8,982 SF lot with approximately 5,317 SF of building area, this income-producing property features a desirable unit mix of (1) 2-bedroom/1.5-bath unit, (5) 1-bedroom/1-bath units, and (2) studio units. Currently generating approximately $10,450 per month in rental income, the property offers immediate cash flow with upside potential through future rent growth. Conveniently located near shopping, schools, public transportation, and major freeways, making it an attractive option for tenants and investors alike. Whether you’re looking to expand your portfolio or acquire your first multifamily property, this is a great opportunity to own a well-located asset with strong long-term potential.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

8

PRICE/UNIT

$196,875

CAP RATE

5.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,982 SF

ZONING

LCR305

APN/PARCEL ID

6202-010-005

ASK ABOUT THIS PROPERTY

Yehia ZakariaCentury 21 Jervis and AssociatesMore Info
562-244-3897

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Yehia ZakariaCentury 21 Jervis and AssociatesMore Info
562-244-3897

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.